The accounting records of LeClaire Delivery Services show the following assets and abilities as of the end of 2020 and 2019 Cash Accounts receivable office supplies Truck office equipment Land Building Recounts payable Notes payable Dec 31 200 10.075 $2,750 3019 15.250 2,158 2,750 37,000 37.000 0,50 79,000 32,500 100.000 20.250 4.250 62.500 During December 2020 the owner, Jess LeClaire, purchased a small office building and moved the business from rented quarters to the new building. The building and the land it occuples cost $132,500. The business paid $70,000 in cash and a note pale was signed for the balance. LeClaire had to invest $18,500 cash in the business to enable it to pay the $70,000 The business cameda profit during 2020, which enabled LeClaire to withdraw $2,500 per month from the business for personal expenses Required: a. Prepare balance sheet for the business as of the end of 2010 LECLAIRE DELIVERY SERVICES Balance Sheet December 21, 2018 Asset Liabilities Total and Totale 1-b. Prepare balance sheet for the business as of the end of 2020 LeCLAIRE DELIVERY SERVICES Balance Sheet December 31, 2020 Assets Llabilities Total liabilities $ 0 Equity $ Total sets Total abilities and equity 2. Prepare a calculation to show how much profit was earned by the business during 2020 Calculation of profit for 2010 Joss LeClaire, Capital December 31, 2019 Jess LeClaire, capit December 31, 2020